Skip to main content

About your Search

Search Results 0 to 16 of about 17 (some duplicates have been removed)
Feb 6, 2013 5:30pm PST
has discovered that sequestration is already cutting into national defense. >> reporter: late this afternoon, the 5,000 crew members of the aircraft carrier "truman" got the word: they will not be leaving their home port of norfolk, virginia, for the persian gulf this friday as planned. their deployment is being postponed due to the looming budget crisis. vice admiral mark fox says that means the u.s. will have only one instead of the normal two aircraft carriers in the persian gulf. what does that mean, operationally? >> what it does change is the opportunity to have additional capability immediately. there will be additional time distance associated with bringing another vessel over if that's required. >> reporter: do you know how much you're saving by doing this? >> in the hundreds of millions of dollars. >> reporter: the postponement of the "truman's" deployment, along with that of a guided missile cruiser, is the most visible of automatic budget cuts known as sequestration, compounded by the absence of a new budget of fiscal year 2013. a double whammy which has a normally affa
Feb 6, 2013 7:00pm EST
defensive protection. prices won't go down very much. keep your investments outside the united states, perhaps brazil or mexico are even italy, with higher yields as opposed to what we see in the united states. and ultimately, defensive-oriented bonds that can protect principle in addition to providing an interest rate that is acceptable. >> susie: i wanted to pick up on putting your money outside of the country, because you talked about australia, brazil, canada, but you're not a big fan of u.s. stocks. that's kind of interesting because it is coming at a time when individual investors, at least, are just getting comfortable about putting money back in the stock market. they're looking forward to an upside in the markets. you're not seeing much upside. 5% you say in u.s. stocks for this year? we've already done that in january. >> we have done that. we've got a 12-month return. one month, according to our forecast. we're bullish on stocks to the standpoint they can go up, if they can provide an attractive return relative to inflammation. 5% to 6%. but we suggest, relative to h
Feb 7, 2013 7:00pm EST
could be used for other missions such as surveillance and ( jamming of enemy air defenses but it could also be used to strike heavily defended targets without risking a pilot's life. a plane like that could one day carry weapons. >> yes. >> reporter: putting an armed drone on an aircraft carrier would give the navy capability to launch unmanned flights virtually any place in the world. >> the biggest thing is you don't have to worry about permission from other countries to operate a vehicle from some foreign airfields. >> reporter: the x47-b is not scheduled to reach of the fleet until 2017, but when it does, drone warfare will go to a whole new level. >> pelley: fascinating, david thank you. you can see more of david's report on the future of drops this suspected on "cbs sunday morning." the mystery deepens in what's grounded boeing's plane of the future. and a hero to millions recovers from a health scare when the cbs evening news continues. that company, the united states postal serviceĀ® works for thousands of home businesses. because at usps.comĀ® you can pay, print and have
Feb 8, 2013 6:30pm EST
. >> pelley: jim, thank you, superstorm sandy also knocked down defenses against storm surge all along the coast. tonight, with wind gusts of 70 miles an hour coming in from the atlantic, a lot of folks are casting a wary eye on the sea. seth doane is with them. >> this is supposed to be a high wall. all of this is leveled. where is the ocean going to cogo? it's going to go right over it? >> the sea berm that used to protect franca costa's neighborhood was damaged by hurricane i lean in 2011 and destroyed by superstorm sandy last october. she's angstly watching the ocean. >> i need to come back in a couple hours and see where it is. >> keep your eye on the water? >> that's the main thing. i have to keep my eye on where the water. is. >> reporter: when sandy hit, a wall of water nearly ten feet high washed through costa's staten island neighborhood. her house was one of a handful left standing. >> my house got destroyed. there's eight feet on the outside and six feet on the inside. >> reporter: thanks to neighbors and friends, flood insurance and fema, this 47-year-old legal secretary was a
Feb 6, 2013 6:30pm EST
mailbox. nancy cordes has the story. what's the biggest threat to america? the outgoing defense secretary leaves a stark warning. >> it would have one hell of an impact on the united states of america. >> pelley: we may have the ingredients for the biggest winter snowstorm yet this season. david bernard fills us in on when, where, and how much. and as the nation debates gun sales, one police unit in california is taking guns away from those who shouldn't have them. john blackstone there. >> when you're going to take their guns, they're not happy. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds-- unless it's saturday. the u.s. postal service added that qualification to its legendary motto today. the service is broke and it will drop saturday mail delivery in august. the troubles of the postal service are as big as the agency itself. the u.s.p.s. delivers 40% of all of the mail on earth and it has more tha
Feb 1, 2013 5:30pm PST
day secretary of defense. yeah, big dreams. >> that's a lot of dreams. >> yeah. >> before katrina, the graduation rate was less than 50%. now it is 75%. >> what did it mean to you to be able to pick your high school >> i don't feel like you can be truly educated without having a choice. >> the mayor also gave great credit to the teach for america program that sent 375 teachers from all over the country to new orleans. harvard said today that . >>> harvard said that 60 of its students were suspended for cheating on an exam. >>> the nfl wants to change the culture of the game to prevent injuries, and we will talk to james brown of cbs sports, next. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. ,?(7 [ nyquil bottle ] you know i relieve coughs sneezing, fevers... [ tylenol bottle ] me too! and nasal congestion. [ tissue box ] he said nasal
Feb 1, 2013 6:30pm EST
actress, an attache, hopefully one day secretary of defense. yeah, i've got big dreams. >> pelley: that's a lot of dreams. (laughs) >> yeah. >> pelley: before katrina, the graduation rate was 50%, now it's more than 75% and in some places test scores are up 33%. what did it mean to you to be able to pick the high school that you went to? >> it meant everything. i don't think i would be here if i wasn't able to pick the high school that i wanted to go to because i don't feel like you can be truly educated without having a choice. i think having a choice is kind of education. >> pelley: mayor landrieu also gave great credit to the teach for america program that sent 375 teachers from all over the country to new orleans. harvard said today that 60 of its students were forced to leave for cheating on a final exam. dozens of others were put on probation. it's been reported that basketball and football players were among the students disciplined. the n.f.l. wants to change the culture of the game to prevent injuries and we'll talk to james brown of cbs sports next. i gave birth to my da
Feb 4, 2013 7:00pm EST
2012. when-- generally the consumer sectors are considered defensive so the fact they outperformed i think they can continue to outperform in 2013. we're in a period now where essentially an all-time high and a lot of folks are calling for a bit of a pullback. >> and clearly a lot of these consumer goods companies come with dividends. thats with a theme we saw in the first half of last year but the stocks continued to do well at the end of theas year into thiserio. coca-cola someone of those you have your eye on as a dividend consumer goods, what do you like out of coke. >> i'm the resident dividend stock advisor here at the street and i really like 29.7% dividend yield at coke. the company has enough earnings to easily cover this 2.1 times over but more importantly coca-cola's growing the dividend, growing its dividend 50 consecutive years. and i think sometime in february they'll make that streak 51. again they have the solid earnings to cover it. and with the dividend moving higher i think will you see the stock move up towards 40 as well. >> speaking of solid earnings we heard la
Feb 5, 2013 6:30pm EST
problem was defense spending was cut 22%. that was the biggest drop in 40 years. it was very abrupt. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. >> pelley: also in that interview, the president said that he thinks the boy scouts of america should include gays. the organization's executive board will consider tomorrow whether to drop its national ban on gays. and that is creating a divide between a lot of scout families. here's john blackstone. >> boy scout troop leader steve tenant and his 16-year-old son christopher have been involved in scouting for the last five years. they are straight but don't like the policy excluding gays. >> i have a huge problem with that. what did it feel like when you heard that a local troop had thrown out a kid because he was gay? >> i was shocked. shocked and amazed. appalled. i couldn't believe it. >> reporter: the teen, thrown out last october, was 18-year-old ryan anderson who was about to become an eagle scout. >> getting my eagle
Jan 31, 2013 7:00pm EST
. >> susie: an intense day on capitol hill for defense secretary nominee chuck hagel. the former republican senator from nebraska took a grilling at his confirmation hearing. lawmakers from both sides of the aisle questioned him about his controversial views on gay rights, sanctions for iran, and former president george w. bush's policies in iraq. but in spite of the turmoil, hagel is expected to get confirmed by a narrow margin. >> tom: an update on failed futures brokerage firm peregrine financial, its founder, russell wassendorf senior was sentenced to 50 years behind bars. he' received the maximum sentence after admitting to engaging in fraudulent activity and misleading regulators for almost two decades. wassendorf also was ordered to pay $215 million, the amount prosecutors say he cost clients. the 64-year-old said he is "very sorry." >> tom: a couple of media giants today highlighted the challenges of an industry under-going great changes. business at viacom slowed down at the end of last year. advertising at the company's cable t.v. networks like nickelodeon, and mtv fell
Feb 5, 2013 7:00pm EST
in spending cuts in defense and most other federal programs just weeks away, the president urged congress to pass a mix of spending cuts and tax increases to ease the immediate hit. >> there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of the entire economy, should be put in jeopardy just because folks in washington couldn't come together to eliminate a few special interest tax loopholes. >> reporter: republicans dismissed the calls for more tax increases, and many argue the threat of the automatic spending cuts known as the sequester are the only way to force democrats to accept more spending cuts. but their leverage may be limited. >> i think we will have the sequester for a short period of time, probably until the first civilian employee of the government is furloughed, which might take about a week. and then, that pain may be enough to cause the people on capitol hill and the president to come to some sort of rational deal. >> reporter: the short-term budget fight comes as the medium
Jan 31, 2013 5:30pm PST
secretary of defense. hagel had a rough day today at his senate confirmation hearing. the former republican senator's past statements about iran israel, and iraq drew hostile questions, and here's wyatt andrews. >> reporter: republicans charge that, in his 12 years as a senator, chuck hagel was too soft on iran and not supportive of israel. hagel was forced to retract one 2006 comment when he said "the jewish lobby intimidates a lot of people up here," meaning congress, a statement that drew questions from senator lindsey graham. >> give me an example of where we've been intimidated by the israeli jewish lobby to do something dumb. regarding the middle east israel, or anywhere else. >> well, i can't give you an example. >> thank you. >> reporter: hagel still rejected the notion he was ever anti-israel. >> we have a special relationship with israel. we always have had. so i never voted in... against israel ever in the 12 years i was in the senate. >> reporter: but the most pointed disagreement was over the 2007 troop surge in iraq. at the time, hagel called the surge of 30,000 tro
Search Results 0 to 16 of about 17 (some duplicates have been removed)